XP Inc (NASDAQ:XP) shares, rose in value on Friday, April 26, with the stock price up by 3.16% to the previous day’s close as strong demand from buyers drove the stock to $21.20.
Actively observing the price movement in the recent trading, the stock is buoying the session at $20.55. The PE ratio was 14.75 over 12-month period. Referring to stock’s 52-week performance, its high was $27.71, and the low was $12.78. On the whole, XP has fluctuated by -16.83% over the past month.
The company’s Forward Dividend Ratio is 1.31, with its dividend yield at 6.20%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.45B, with a low estimate of 777.17M and a high estimate of 803.9M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 786.08M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that XP’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.08, with the price of XP currently trading nearly -8.47% and -12.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.52, while the 7-day volatility ratio is showing 2.55% which for the 30-day chart, stands at 2.69%. Furthermore, XP Inc (XP)’s beta value is 1.71, and its average true range (ATR) is 0.69.
A comparison of XP Inc (XP) with its peers suggests the former has fared considerably weaker in the market. XP showed an intraday change of 3.16% in today’s session so far, and over the past year, it grew by 59.28%%.
Data on historical trading for XP Inc (NASDAQ:XP) indicates that the trading volumes over the past 3 months, they’ve averaged 5.43 million. According to company’s latest data on outstanding shares, there are 435.72 million shares outstanding.
Nearly 35.50% of XP Inc’s shares belong to company insiders and institutional investors own 48.61% of the company’s shares. The stock has fallen by -18.68% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the XP stock heading into the next quarter.
